UK TAX ANALYSIS

Company Car
Cost Calculator

Determine whether a company car arrangement benefits the business or creates a net tax liability.

Small profits rate (19%) or marginal relief rate (26.5%)

The employee's income tax marginal rate

%

Employer's Class 1A NIC rate on benefits in kind — currently 15%

£

List price including options, delivery, and VAT — excluding first-year registration fee

g/km

Enter 0 for a pure electric vehicle

miles

WLTP electric range — 0 for non-hybrid vehicles

BIK Rate 2027/28
5%

Appropriate percentage from HMRC BIK table (2027/28) — read only

£/ mo

The full monthly lease payment including VAT

Complete all fields above to see the analysis.